What Is the Most Expensive Sports Stadium Ever Built?
The most expensive sports stadium ever built is SoFi Stadium in Inglewood, California, which cost $5.5 billion to build. SoFi Stadium opened in 2020 and is home to two NFL teams, the Los Angeles Rams and the Los Angeles Chargers. This stadium is also scheduled to host Super Bowl LVI in 2022 and the Summer Olympics in 2028. The construction costs for SoFi Stadium were more than double those of MetLife Stadium, which was the second most expensive stadium ever built, costing $2.03 billion in today’s dollars.
The World’s Most Expensive Sports Stadiums Ever Built
SoFi Stadium: $5.5 billion
MetLife Stadium: $2.03 billion in today’s dollars
Allegiant Stadium: $1.9 billion
Wembley Stadium: $1.88 billion in today’s dollars
Yankee Stadium: $1.82 billion in today’s dollars
Mercedes-Benz Stadium: $1.59 billion in today’s dollars
AT&T Stadium: $1.58 billion in today’s dollars
UBS Arena: $1.5 billion
Singapore National Stadium: $1.44 billion in today’s dollars
Levi’s Stadium: $1.43 billion in today’s dollars
Why Was SoFi Stadium So Expensive to Build?
Even though football is an incredibly lucrative sport, $5.5 billion is a lot of money to spend on a football stadium, especially when other NFL stadiums were built for a fraction of the cost. So why was SoFi Stadium so expensive to build? For starters, its floor area covers 3.1 million square feet, making it the largest NFL stadium. It also holds the bragging rights for the largest video scoreboard in history, which is longer than the football field at 120 yards long. The double-sided scoreboard features 70,000 square feet of digital LEDs on each side and weighs an unbelievable 2.4 million pounds! The stadium was built to withstand earthquakes, a necessary cost, as California’s seismic activity has been increasing over the past few years. It also had to be built partially underground to avoid the LAX flight path, so it sits 100 feet below sea level. These necessary additions to the infrastructure, as well as the latest technology and updated amenities, will certainly drive up the cost of a sports stadium this large. So will the cost of the ten million worker hours logged by the 3,000 construction workers who built the stadium.
Which Type of Sports Stadium Is the Most Expensive to Build?
It should come as no surprise that NFL stadiums tend to be the most expensive stadiums to build, especially after seeing that the most expensive NFL stadium cost more than $5 billion. The three most expensive sports stadiums in the world were built for NFL teams, and football stadiums dominate the list, with 12 landing in the top 30 most expensive sports stadiums ever built.
The Ten Most Expensive NFL Stadiums Ever Built
SoFi Stadium (Los Angeles Rams and Los Angeles Chargers): $5.5 billion
MetLife Stadium (New York Giants and New York Jets): $2.03 billion in today’s dollars
Allegiant Stadium (Las Vegas Raiders): $1.9 billion
Mercedes-Benz Stadium (Atlanta Falcons): $1.59 billion in today’s dollars
AT&T Stadium (Dallas Cowboys): $1.58 billion in today’s dollars
Levi’s Stadium (San Francisco 49ers): $1.43 billion in today’s dollars
U.S. Bank Stadium (Minnesota Vikings): $1.19 billion in today’s dollars
Lucas Oil Stadium (Indianapolis Colts): $960 million in today’s dollars
Ford Field (Detroit Lions): $950 million in today’s dollars
Lincoln Financial Field (Philadelphia Eagles): $940 million in today’s dollars